BofA, Citi cut handful of investment banking jobs in Asia – sources

Deutschland Nachrichten Nachrichten

BofA, Citi cut handful of investment banking jobs in Asia – sources
Deutschland Neuesten Nachrichten,Deutschland Schlagzeilen

Bank of America and Citigroup have cut a handful of investment banking jobs in Asia, people familiar with the matter told Reuters, joining global peers in trimming headcount as result of a slowdown in China dealmaking.

  • 📰 inquirerdotnet
  • ⏱ Reading Time:
  • 14 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 9%
  • Publisher: 86%

Bank of America cut around half a dozen Hong Kong-based investment banking jobs on Thursday, two people familiar with matter said, as part of the bank’s global downsizing in investment banking.David Lam, a managing director in BofA’s Greater China equity capital markets team, is among the bankers that were laid off, said the two people. Lam also confirmed his departure when contacted by Reuters.

Citi on Thursday trimmed four jobs from its China investment banking team, said one of the two and a separate person. The Wall Street bank is laying off less than 1% of its workforce globally, Reuters reported on Thursday, citing people familiar with the matter.

Wir haben diese Nachrichten zusammengefasst, damit Sie sie schnell lesen können. Wenn Sie sich für die Nachrichten interessieren, können Sie den vollständigen Text hier lesen. Weiterlesen:

inquirerdotnet /  🏆 3. in DE
 

Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen



Render Time: 2025-01-14 02:37:38